582 Bald Point Rd Panacea, FL 32346
Saint Teresa-Alligator Point NeighborhoodEstimated payment $7,594/month
Highlights
- Gulf View
- Deck
- High Ceiling
- 0.97 Acre Lot
- Contemporary Architecture
- Screened Porch
About This Home
Beautiful custom-built beach builder-owned and built home directly on the Gulf at Bald Point, with miles and miles of white sandy beach to walk! The ground floor contains the entry and ample storage space. The second level is above and features a living room, a stunning gourmet kitchen/dining room, custom cabinets, granite countertops, and stainless steel appliances, all overlooking the Gulf! Just off the Living Room/kitchen is a massive deck for sunbathing or watching panoramic sunsets and sea life! Two additional guest bedrooms finish off this impressive level. Ten-foot ceilings throughout. The third level boasts a huge master suite spanning the entire level, with its own Florida room, bathing complex, and large office/bedroom. The top floor boasts a full recreational kitchen, a separate screen porch, and a huge mechanical room! Finally, there is a massive terrace with commanding views in all directions. This property is situated in an area with thousands of acres of state park just across the street, providing the home with a very private, natural setting. Features a 25kW Kohler whole-house generator and an elevator accessing all floors. Home is maintained in pristine condition—one of the very few hurricane-resistant steel structures to be found. The selling price is a fraction of the replacement cost. Be prepared to experience your next dream home—never rented. Every feature is top-of-the-line. Must be seen to be appreciated!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,341
Year Built
- Built in 2002
Lot Details
- 0.97 Acre Lot
- Lot Dimensions are 121x378x119x355
Parking
- 2 Carport Spaces
Home Design
- Contemporary Architecture
- Split Foyer
- Stucco
Interior Spaces
- 2,888 Sq Ft Home
- Multi-Level Property
- High Ceiling
- Window Treatments
- Entrance Foyer
- Screened Porch
- Utility Room
- Washer
- Tile Flooring
- Gulf Views
Kitchen
- Oven
- Stove
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
Outdoor Features
- Deck
- Screened Patio
Schools
- Franklin County Middle School
- Franklin County High School
Utilities
- Cooling Available
- Central Heating
- Heating System Uses Propane
- Power Generator
Community Details
- Office
Listing and Financial Details
- Legal Lot and Block 3 / E
- Assessor Parcel Number 12037-33-06S-01W-1030-000E-0030
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,341 | $389,670 | -- | -- |
| 2024 | $3,277 | $378,688 | -- | -- |
| 2023 | $3,297 | $367,658 | $0 | $0 |
| 2021 | $3,351 | $346,553 | $0 | $0 |
| 2020 | $3,508 | $341,768 | $140,000 | $201,768 |
| 2019 | $3,525 | $335,178 | $0 | $0 |
| 2018 | $3,660 | $328,928 | $0 | $0 |
| 2017 | $3,644 | $328,928 | $0 | $0 |
| 2016 | $3,659 | $332,858 | $0 | $0 |
| 2015 | $3,676 | $332,858 | $0 | $0 |
| 2014 | $3,736 | $334,822 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | For Sale | $1,395,000 | -- | $483 / Sq Ft |
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
MLS Number: 390147
APN: 33-06S-01W-1030-000E-0030
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